Times: Isa savers hit hard by rates squeeze

Britain's biggest banks and building societies have punished Isa savers more than ordinary accountholders since interest rates started to fall, according to new research. The research comes as the government is coming under growing pressure to do more to help hard-pressed savers, having pumped billions into the banks only to watch them fail to play fair by passing on rate cuts. “With rates on cash Isas as low as 0.2% in one instance it makes sense to check that your current deal is still competitive but make sure that you don’t lose the tax-free status if you decide to transfer to a new provider.”